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Typical knee-jerk, "make the public think the government's doing something" reaction. The problem isn't the amount of crude oil available, it's the amount of gasoline. The plants that are shut down are all refineries- they make gasoline. So there is actually a surplus of crude on the market as the refineries aren't buying. The Strategic Petroleum Reserve stockpiles crude oil. I'm not surprised the oil companies aren't asking for that kind of help.

Now there has been damage to oil rigs in the Gulf of Mexico, and that will affect the crude oil supply some, but not as much as the refineries, which were clustered on the coast.

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Carl Fisher

Be Cool to the Pizza Dude:
http://www.npr.org/templates/story/stor ... Id=4651531

Well, regardless.. I just had to pay $2.99 for premium here in Charlotte :::barf:::

Not wanting to turn this thread towards paranoia- just an observation that I saw the BP down here at I-40/Hwy 42 had REGULAR gas for $2.99/ gal tonight...... It was $2.59 yesterday at the same place.

Still amazes me how quickly retail stations raise prices when something causes crude to go up, but how s-l-o-w they are to lower when it goes down.

Bret.

I just saw Sheetz in Fuquay at 2.99 per gallon (3.19 for Premium) which is shocking since they have been pretty much the cheapest around ever since they moved down here. What was really funny though was the 2.59 per gallon that was being sold at the Kangaroo across the street.

Oh, to add to it, got to 2.49 in Angier (I think) and then 2.79 in Coats.

I love how americans choose gas as the litmus test.

Really if it goes up .30$ a gallon, you will spend a whole $5-8 more a tank to fill up. Thats one happy meal you have to go without. OMG life will end its a conspiricay lets all go buy Hybrid cars to drive.

But really the funniest part is people who will go like 15 mins out of there way to save 0.10$ or less a gallon at some specific gas station. I guess most people don't value their own time......

/rant

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91 Jetta GLI STS/DSP 111
85 Porsche 944 ASP 11
http://www.blackforestindustries.com

Easy for you to rant Adam. We're fortunate that $5-$8 per tank is not going to break us. What about the minimum wage worker? That might be a back breaker. - AB

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'14 Toyota Sequoia Platinum 4WD
Super Westerfield Bros - '93 Integra - LeChump Du Jour
STX 93 - Scion FR-S

Well for a true min wage earner a car would be both unafordable and a waste of their limited income. As such they would be completely unaffected by gas prices in any way.

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91 Jetta GLI STS/DSP 111
85 Porsche 944 ASP 11
http://www.blackforestindustries.com

But as an American, I NEED a car, and cable TV with 17 movie channels and Hi-Speed internet and a Mac-daddy cell phone with unlimited minutes and a Tivo subscription and I deserve to be able to keep my AC set at 60 degrees in summer and heat at 85 in winter, and don't tell me you expect me to do without fast food!!!!!!!!!




And Adam, what do you mean talking about "Americans" like that, what are you some kinda furriner??? I always thought you talked funny, boy!!




Bret.

True, but keep in mind gas prices have gone up $1.20/gal since Jan '04, and I haven't gotten a raise since April '02. That $1.20/gallon increase eqates to $156/month for my household (2 drivers x 15 gals/week each). That ain't no freakin' happy meal, that's some real coin no matter how you look at it!

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Keith Q.
2008 Top Gun
http://www.youtube.com/watch?v=KmX8XuZ_DCo&NR=1

Funnier to me is how people actually think that the pump price of gas is the only way in which fuel prices affect you. Put an extra $1.00 a gallon on fuel (which has happened in the last 36 months) and you can watch the price of everything you buy rise. Adam, those parts you sell and install come by truck from a warehouse. That truck needs fuel. They get to the warehouse from a manufacturer via truck and maybe even by plane. Again that uses fuel. They raw materials get to the manufacturer via truck and train. You guessed it, more gas. Same is true for most everything in this country.

People traveled approximately 2,923,900,000,000 miles in 2004 on roads. Cars, trucks and buses, not trains. Now, let us use 20mpg as standard, which is most likely very generous considering the number of trucks miles in the total. That results in 146,195,000,000 gallons of fuel. Divide by 365 days in a year, 400,534,247 gallons a day. Taking your .30¢ per gallon increase, that is $120,160,274 per day that the economy has to bear in excess expenses that will be passed on the consumer in one form or another.

Fuel prices at the pump are but one small portion of the real impact. And that impact is a whole lot more than missing a happy meal.

***EDIT***Those numbers are real, not conjecture.

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Rich
http://www.v8mongrel.com/

Yeah, what Keith and Rick said.

I'm evaluating the possibilities of converting a cheap car to electric. My commute to work is 10 miles each way (the only advantage of being in Greenville).

My objectives are to cook something up with a 35-50 mile/day range, capable of 60 mph and can charge in about 6 hours. With a $4k target, I think it would be quite justifiable. Probably be fun too.

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“I feel safer on a racetrack than I do on Houston's freeways.” - A.J. Foyt

Kevin Butler
Mobetta Autosport Spec E30 #612
2003 C5 Z06 Corvette
AFR Miata, SM2 61, '93 w/200 SC'd RWHP - soon to be resurrected
Waaaay too many other projects....

next week:






so says the guy with a 3 mile commute.

By what means is electricity produced in Greenville? Coal? So you're planning to up your electricity bill by more than what you would have spent on gasoline?

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Has no responsibility whatsoever.

Just found that the estimated fuel consumption by road going motor vehicles during 2003 was in excess of 169 billion gallons. My 146 billion, as I said, was based on a very generous average efficency. Since overall miles travel increased in 2004 by 1.14%, it is unlikely that the figure decreased for 2004. So, 170 billion gallons of fuel that is now, on average $1.00 more than it was 3 years ago. $170 billion will have an impact on the economy.

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Rich
http://www.v8mongrel.com/

On my way to work (Nashua NH to Framingham MA) I saw a range of $2.59 to $3.31 for regular. Amazing. I've got to get serious about getting a little commuter car for my soon-to-be 100 mile round-trip commute to work every day. The truck gets ~15 mpg on a good tank. Or maybe see about working from home a couple of days a week. Hum...

We still pay less than most other countries per gallon.

Diane ~ who's not particularly happy about gas prices, but will likely continue to consume the same amount of gas.

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Diane (Hall) Bundas
1992 Spec Miata #48 - 1997 Chevy Tahoe - 2007 Honda Civic Coupe